India faces 100% tariff threat as US House advances bill

Highlights: The US House advanced a bill that could authorize 100% tariffs on India over Russian oil and gas purchases. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 cleared a 214-211 procedural vote. Two Democrats joined Republicans in advancing the legislation, while the Senate previously passed it 86-11. The bill also targets […] The post India faces 100% tariff threat as US House advances bill appeared first on GG2.